Vodafone and Three deny merger will push up prices

📆 2023-10-17 20:00:00
📰 BBCTech

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Unions say consumers will lose out if the deal to create the UK's biggest mobile network goes ahead.

Representatives from Vodafone and Three have told MPs their planned merger will not increase prices, despite it reducing the number of competitors in the mobile market.The deal still needs to be approved by regulators.The UK currently has four major mobile operators - Vodafone, Three, EE , and Virgin Media O2.

"I want to make it clear: it's not part of the transaction rationale, and we are not planning any increases in prices," he said. Andrea Dona, network and development director of Vodafone UK, said the combined firm planned to use 5G to deliver fibre broadband equivalent internet access to 82% of UK households.

Instead of spending millions establishing their own infrastructure of masts and systems, MVNOs license segments of other operators' networks and offer their own cut-price deals.

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